6 Parcel TURNKEY Investment including 24 units, 2 of which are commercial and 40 Parking spaces. This package brings in 311,000 in gross rents and reflects a net operating income of aprox 240,000 and 7.7% cap rate. With all rents set at market value this package is making money from day 1. THE FOLLOWING ARE INCLUDED:
405 Walnut Street, Reading PA 19601 Tax ID 07-5307-74-71-3483
108 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-3417
114 S 6th St Reading PA 19602 Tax ID 04-5306-27-89-2432
115 S 6th, Reading PA 19602 Tax ID 04-5306-27-89-5444
39 S 9th St 19602 Tax ID 03-5316-21-09-1734
43 S 9th St Reading PA 19602 Tax ID 03-5316-21-09-1702
405 Walnut - 3 units featuring ceramic tile flooring throughout, two large balconys/decks and fenced yard, bathroom tile upgrades in Apt 1 &3, all units pay their own electric (3rd floor electric heat), Landlord pays gas heat for Apt 1 and 2. and water for the Bldg
108 S 6th St - 5 unit mixed use ( 1st fl commercial) New appliances, microwaves, Porcelain Tile Throughout, Ceilings replaced With Drywall, New Double Hung Windows, Bathrooms Updates in, Apt 1,2F, 2R, 3, Cable, Separate Utilities including tenant paid electric heat. (sub panel in each apt), Security Cameras Installed 2021, 2 income producing Parking Spaces (Driveway)
MORE DETAILS AND PHOTOS TO FOLLOW!!!
Save
Ask
Tour
Hide
Share
Listing Snapshot
Price
$3,060,000
Days On Site
271 Days
Bedrooms
N/A
Inside Area (SqFt)
3,049 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.07 Acres
Year Built
1900
MLS® Number
PABK2046260
Status
Active
Property Tax
$2,046
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
Friends & Family
React
Comment
Invite
No Comments Yet
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.
Recent Activity
4 weeks ago
Status changed to Active
4 weeks ago
Listing updated with changes from the MLS®
3 months ago
Price changed to $3,060,000
9 months ago
Listing first seen on site
General Features
Acres
0.07
Additional Property Use
CommercialResidentialOtherRetail
Cross Street
FRANKLIN
Parking
On StreetOff SiteParking Lot
Parking Spaces
40
Security
Security Gate
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
3049
Utilities
Cable AvailableWater AvailableSewer AvailableNatural Gas AvailableElectricity Available
Water Source
Public
Zoning
MIXED
Interior Features
Appliances
Electric Water HeaterGas Water Heater
Cooling
Wall Unit(s)
Electric
200+ Amp ServiceCircuit Breakers
Heating
ElectricNatural GasForced AirHot WaterBaseboard
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details
Brick
Community Features
MLS Area
Reading City (10201)
School District
READING
Schools
School District
READING
Elementary School
Unknown
Middle School
Unknown
High School
READING SENIOR
Listing courtesy of Iron Valley Real Estate of Berks
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.